Iceland vs Sierra Leone: Financial Institutions Efficiency Index

Iceland
0.4027
in 2020
Sierra Leone
0.4341
in 2020
Iceland rank
173rd
Sierra Leone rank
170th

Financial Institutions Efficiency Index over time

  • Iceland
  • Sierra Leone
0.10.20.30.40.50.6198020002020

How they compare

Sierra Leone currently reports 0.4341 against 0.4027 in Iceland, a difference of 0.0314.

That makes Sierra Leone's figure about 1.1 times Iceland's.

The two have swapped places 10 times across 41 shared years of data; in 1980 it was Sierra Leone ahead.

Iceland ranks 173rd and Sierra Leone ranks 170th of 183 countries.

Across the 5 decades both report, Iceland averaged higher in 4 and Sierra Leone in 1.

Head to head by decade

Decade Iceland Sierra Leone Difference Ahead
1980s 0.299 0.1886 0.1105 Iceland
1990s 0.4391 0.302 0.1371 Iceland
2000s 0.4736 0.3462 0.1274 Iceland
2010s 0.4007 0.3427 0.058 Iceland
2020s 0.4027 0.4341 0.0314 Sierra Leone

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial institutions efficiency index, Iceland or Sierra Leone?
Sierra Leone, at 0.4341 against 0.4027 in Iceland as of 2020.
What is the difference in financial institutions efficiency index between Iceland and Sierra Leone?
0.0314, with Sierra Leone ahead.
How many years of comparable data are there for Iceland and Sierra Leone?
41 years are reported by both, from 1980 to 2020.
How do Iceland and Sierra Leone rank globally for financial institutions efficiency index?
Iceland ranks 173rd and Sierra Leone ranks 170th of 183 countries.
Where does this data come from?
International Monetary Fund, published as Financial Institutions Efficiency Index. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Sierra Leone: Financial Institutions Efficiency Index. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://financial-sector.statizoid.com/compare/financial-institutions-efficiency-index/iceland/sierra-leone/

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About this data

Indicator
Financial Institutions Efficiency Index
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
192 places, 7,872 data points, 1980–2020
Last refreshed

The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.